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Paylocity acquires Grayscale Labs, terms undisclosed

Paylocity (PCTY) announced the acquisition of Grayscale Labs, an AI-powered recruiting automation company that helps businesses hiring at scale. Paylocity does not expect the acquisition of Grayscale to have a material impact on fourth quarter or fiscal 2026 financial results. Paylocity will update financial guidance in the normal course of business in its third quarter fiscal 2026 earnings release.

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